Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
HDFC Life Insurance CoNSE:HDFCLIFE +1.33%75 Cyclically Adjusted PS Ratio is 1.36 as of Aug. 18, 2026, which is 2% below its 10-year median of 1.39. GuruFocus rates NSE:HDFCLIFE with a GF Score™ of 75/100 and a GF Value™ of ₹749.52 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 415 Insurance companies, HDFC Life Insurance Co ranks worse than 55.18% on this metric.
The historical rank and industry rank for HDFC Life Insurance Co's Cyclically Adjusted PS Ratio or its related term are showing as below:
NSE:HDFCLIFE'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.35 Med: 1.39 Max: 1.43
Current: 1.35
During the past years, HDFC Life Insurance Co's highest Cyclically Adjusted PS Ratio was 1.43. The lowest was 1.35. And the median was 1.39.
NSE:HDFCLIFE's Cyclically Adjusted PS Ratio is ranked worse than 55.18% of 415
companies
in the Insurance industry
Industry Median: 1.23
vs NSE:HDFCLIFE: 1.35
The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.
HDFC Life Insurance Co's adjusted revenue per share data for the three months ended in Jun. 2026 was ₹156.166. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ₹397.97 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
HDFC Life Insurance Co (NSE:HDFCLIFE) Cyclically Adjusted PS Ratio Explanation
Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.
HDFC Life Insurance Co Cyclically Adjusted PS Ratio Related Terms
HDFC Life Insurance Co Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for HDFC Life Insurance Co's Cyclically Adjusted PS Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HDFC Life Insurance Co Cyclically Adjusted PS Ratio Chart
NSE:HDFCLIFE vs AFL, MET, PRU: Cyclically Adjusted PS Ratio Comparison
For the Insurance - Life subindustry, HDFC Life Insurance Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
HDFC Life Insurance Co Cyclically Adjusted PS Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, HDFC Life Insurance Co's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where HDFC Life Insurance Co's Cyclically Adjusted PS Ratio falls into.
HDFC Life Insurance Co Cyclically Adjusted PS Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
What does a Cyclically Adjusted PS Ratio of 1.36 mean?
HDFC Life Insurance Co (NSE:HDFCLIFE) has a Cyclically Adjusted PS Ratio of 1.36 as of Aug. 18, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on HDFC Life Insurance Co and its competitors. This is near median its historical median of 1.39. Over the past decade, HDFC Life Insurance Co's Cyclically Adjusted PS Ratio has ranged from 1.35 to 1.43. According to the industry distribution chart, HDFC Life Insurance Co ranks #229 out of 415 companies in the Insurance industry, placing it in the top 55.2%.
Is HDFC Life Insurance Co's Cyclically Adjusted PS Ratio too high?
HDFC Life Insurance Co's current Cyclically Adjusted PS Ratio of 1.36 is near median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 1.43. The Insurance industry median Cyclically Adjusted PS Ratio is 1.23. HDFC Life Insurance Co's value of 1.36 is 10.6% above this industry median. Based on the distribution chart, HDFC Life Insurance Co ranks #229 out of 415 companies in the Insurance industry, which is below the industry midpoint. Overall, HDFC Life Insurance Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HDFC Life Insurance Co's Cyclically Adjusted PS Ratio compare to AFL and MET?
According to the Insurance industry distribution chart, HDFC Life Insurance Co ranks #229 out of 415 companies for Cyclically Adjusted PS Ratio. This places HDFC Life Insurance Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.23. HDFC Life Insurance Co's value of 1.36 is 10.6% above this benchmark. Historically, HDFC Life Insurance Co's own Cyclically Adjusted PS Ratio has ranged from 1.35 to 1.43 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.23, HDFC Life Insurance Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Insurance company?
The median Cyclically Adjusted PS Ratio among Insurance companies is 1.23, based on 415 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HDFC Life Insurance Co's current Cyclically Adjusted PS Ratio of 1.36 is 10.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on HDFC Life Insurance Co and its competitors. For the Insurance industry, the median Cyclically Adjusted PS Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HDFC Life Insurance Co's current Cyclically Adjusted PS Ratio is 1.36, which is near median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HDFC Life Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, HDFC Life Insurance Co (NSE:HDFCLIFE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹749.52, compared to a current price of ₹543.00 — trading 27.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.36, which is near median its 10-year median of 1.39 and 10.6% above the Insurance industry median of 1.23. HDFC Life Insurance Co's overall GF Score™ is 75/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For HDFC Life Insurance Co (NSE:HDFCLIFE), the current Cyclically Adjusted PS Ratio is 1.36 as of Aug. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is HDFC Life Insurance Co (NSE:HDFCLIFE) Overvalued in 2026?
Based on GuruFocus' analysis, HDFC Life Insurance Co stock appears to be undervalued.
The current stock price of ₹543.00 is trading 27.6% below its estimated GF Value™ of ₹749.52.
GuruFocus considers HDFC Life Insurance Co to be Modestly Undervalued.
Key valuation signals for NSE:HDFCLIFE:
Cyclically Adjusted PS Ratio: 1.36 (near median its 10-year median of 1.39)
GF Value™: ₹749.52 vs. price of ₹543.00 (27.6% below fair value)
Industry Position: 10.6% above the Insurance median (#229 of 415)
No single metric tells the full story. See the NSE:HDFCLIFE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HDFC Life Insurance Co Ltd is a long-term life insurance company. It offers individual and group insurance solutions such as Protection, Pension, Savings and Investment, and Health, along with Children's and Women's Plans. The company operates through segments namely, Participating Life (Individual & Group), Participating Pension (Individual & Group), Non-Participating Life (Individual & Group), Non-Participating Pension (Individual & Group), Non-Participating Life Group Variable, Non-Participating Pension Group Variable, Non-Participating - Annuity, Non Participating - Individual & Group Health, Unit Linked - Individual Life, Unit Linked - Individual Pension, Unit Linked - Group Life and Unit Linked - Group Pension.
75GF Score
Get the complete analysis for NSE:HDFCLIFE
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:HDFCLIFE has been successfully added to your 
